Tag: US scrap upside capped w-o-w; supply constraints lift European markets

US scrap sentiment turns cautious as winter tightness eases Tight supply, low mill inventories support European prices Global ferrous scrap export markets showed mixed trends during the week ended 27 February 2026. In the US, prices remained firm even as winter-related supply disruptions faded, while export demand stayed cautious. Europe remained supported by tight scrap…